Average wholesale values fell again seasonally in July, but they remain up on a year-over-year basis largely because of the continued price strength of trucks and continued growth of younger, lower-mileage, higher-priced off-lease supply. Recalls also played a role in the overall positive price performance, so it is not clear how wholesale prices might have...

Nearly three years ago, Elio Motors visited ADESA and KAR headquarters in Carmel, Indiana, to show us an early-stage version of their prototype vehicle. After years of refining, the innovative company returned and showed us just how far their prototype has evolved – with the P5. Employees got to sit in the vehicle, and learn...

Jane Morgan is an auction veteran who has been with ADESA for more than 26 years. As the president of ADESA’s specialty division, she has a deep knowledge base about a unique segment of our business, but she also has a wide variety of experiences within the industry. Here’s what Jane shared about her newly...

Average wholesale values fell again on a month-over-month basis in June, but they remain up on a year-over-year basis largely because of the continued price strength of trucks. A portion of the month-over-month price decline can be explained by the usual falloff in prices from May to June, typifying the transition from the strong spring/tax...

Average wholesale values fell relative to April, though they remain up on a year-over-year basis largely because of the price strength of trucks. Retail used vehicle sales were flattish on a year-over-year basis and certified pre-owned sales were down. This limited the demand-side support for wholesale values receiving downward pressure from supply growth. Watch the...

For car dealers who don’t have time to read every industry trend article, YouTube videos are a great way to hear about insights and commentary in a more engaging format. But with all the YouTube channels out there, it can be hard to find the ones relevant to car dealers. That’s why we created this...

Paul Lips has seen a lot of changes in our industry since joining ADESA’s finance department 20 years ago. He’s worked in the office and in the trenches, and has a vast knowledge base about the auction, its processes and its customers. Recently, Paul shared some thoughts about the industry’s evolution and about his new...

The traditional Spring tax-season market appeared to wane in April, as average wholesale prices rose only modestly on both a sequential and annual basis. As in previous months, drilling down into the data reveals softness due to supply growth that is not as evident in the top-line numbers. On a positive note, retail used vehicle...

With our purchase of Brasher’s Auto Auctions now complete, I would like to offer my warmest welcome to this addition to the ADESA company. Brasher’s is a leader among independent auctions, with a strong mix of commercial and dealer consignment customers. Along with increasing ADESA’s footprint with eight auctions in three new states, the addition of...